Meadowbank Complex

North of Baker Lake, Kivalliq District, Nunavut Territory, Canada

The Meadowbank open-pit gold mine in the Kivalliq District of Nunavut — approximately 300 kilometres west of Hudson Bay and 110 kilometres by road north of Baker Lake — was Agnico Eagle’s first Low Arctic mine. The discovery and development of the Amaruq satellite deposit 50 kilometres away has extended the life of the Meadowbank Complex by supplying a new source of ore to the existing Meadowbank mill.

Key Facts

Mine Type

Open Pit

2018 production

248,997 oz gold

2018 production costs

$848/oz gold

2018 total cash costs

$814/oz gold

Gold reserves

2,979,000 oz

2019 production guidance

200,000 oz gold

2019 total cash costs guidance

Meadowbank - $990/oz gold
Amaruq - $812/oz gold

Mine life

7 years

Mine Production

2018 Output